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In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complicated fashion. There is thus great uncertainty about the outcome of interaction of factors like technological environmental competitive etc. For instance consider a factory production schedule which has to take into account.
a. Customer demand.
b. Requirements of raw materials.
c. Equipment capacity and possibility of equipment failure and
d. Restrictions on manufacturing process
One Sample sign Test In a one sample test the null hypothesis μ = μ 0 against an appropriate alternative on the basis of a random sample of size n we replace each sam
The systematic methodology developed for an operation research study with problems involving conflicting multiple objective policies and alternatives. Operation research in
3. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape
Consider the LP min ?? = 50??1 + 100??2 3 ??.??. 7??1+2??2=28 2??1+12??2=24 ??1,??2=0 a. A basic solution of the constraint equations of this problem has how many basic variables,
In a rectangular game, pay-off matrix of player A is as follows: i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the game.
metholodolgy of operational research
ppt on decision tree
Data Collection / Requirement Gathering Methods 1. Discuss about the data collection or requirements gathering methods that will be used to conduct the research. 2. Discus
Level of Significance In testing a given hypothesis the maximum probability with which we would be willing to take risk is called level of significance of the test.
two person zero sum game
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